Russia

Crude Oil , Trade , International

Russia, Saudi Arabia At Odds over Oil Cuts Ahead of OPEC+ Meeting: Reports

Key questions for the OPEC+ meeting will be whether Saudi Arabia rolls back its voluntary cut of 1 million bbl/d and whether there is room for an additional increase in supply from the whole oil producer group.

February 22, 2021

International , Infrastructure , Construction , Pipelines

US Report on Nord Stream 2 will Reveal Companies Supporting Project

Sanctions are possible but may take time and depend on White House negotiations with allies and Capitol Hill.

February 19, 2021

Exploration & Production

Russia Makes Progress On Shale Oil Output But Hurdles Remain

Gazprom Neft estimates that the reserves of the light, low-sulphur and low-viscosity Bazhenov formation stand at between 18 billion and 60 billion tonnes.

February 18, 2021

International , Infrastructure , Construction , Pipelines

White House: Nord Stream 2 is ‘Bad Deal’ for Europe

Biden administration will review restrictions put in place by Trump.

January 28, 2021

Exploration & Production

Russia’s Oil Heartland Poised for Rebound after Output Cuts

Oil output in the region may see output rebounding to 215 million tonnes in 2021, said Sergei Filatov, head of subsoil management and natural resources at Khanty-Mansiisk (Yugra).

January 26, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 20, 2021

Here’s a snapshot of recent energy deals including the closing of ConocoPhillips’ $13.3 billion acquisition of Concho Resources, one of the largest independent shale producers in the Permian Basin. 

January 20, 2021

Construction , Pipelines

Report: Nord Stream 2 Delays Resuming Construction

An official says that the pipeline’s construction will not resume, even with permission from Denmark.

January 15, 2021

International , Infrastructure , Construction , Pipelines

Report: Nord Stream 2 to Resume Work in Danish Waters

US has threatened sanctions on companies involved in the project.

January 14, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Jan. 13, 2021

Here’s a snapshot of recent energy deals including the closing of Devon’s all-stock merger with WPX plus Pioneer completed its acquisition of Parsley creating a premier Permian independent energy company.

January 13, 2021

International , Infrastructure , Construction , Pipelines

US: European Companies Face Sanctions Risk on Nord Stream 2

State Department report is expected to be issued later this week.

January 13, 2021